How to file your taxes when you own ETFs.

This article from MoneySense provides information on how to file taxes when you own ETFs (exchange-traded funds). It explains that ETFs and mutual funds have similarities and differences in terms of tax implications. While both types of investments are subject to tax in taxable accounts, TFSA (tax-free savings account) investments are tax-free and do not require reporting on tax returns. The article also discusses the adjusted cost base (ACB) and the issuance of T3 slips for mutual funds and ETFs. It mentions the taxation of U.S.-dollar ETFs in Canada and the additional tax-filing requirements for foreign investments. The article concludes by suggesting that individuals can prepare their own tax returns for ETFs, but seeking professional advice is also an option. [Extracted from the article]